Tax Credits

Tax Credits

Information on tax credit programs you may be eligible for, such as Earned Income Tax Credits, New York State Noncustodial Parent Earned Income Tax Credit, Child Tax Credits and Child and Dependent Care Tax Credits.

New York State College Tuition Credit and College Tuition Itemized Deduction

You are entitled to the New York State college tuition benefits if you were a full-year New York State resident who paid qualified college tuition expenses to an institution of higher education for yourself, spouse or dependent.

Federal Tax Benefits for Education

Federal tax credits to help pay for higher education: the American Opportunity Credit (formerly the Hope Credit) and the Lifetime Learning Credit.

Real Property Tax Credits for Homeowners and Renters

New York State offers a refundable property tax credits designed to assist low and moderate income taxpayers, particularly the elderly, to offset property tax costs. The credit is available to renters as well as homeowners and is refundable if it exceeds the taxpayer’s personal income tax liability.